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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (3255)	7/5/1999 7:56:00 PM
From: okey	Read Replies (1) \| Respond to of 15703

>>Question is, who did they get it from???...<< Berkley! they had 46%...sold 4% to HTP to leave themselves with 42% BPO.

To: Ed Pakstas who wrote (3255)	7/5/1999 8:01:00 PM
From: Salt'n'Peppa	Respond to of 15703

Great. Thanks Ed. This does show that it is an increase only in the GJS JV play, not an increase at ELH. Their 12.13% at ELH is consistent with Eland Jennings' May 27th spreadsheet figure of 11.43% APO. I wonder what the 11% in the 3 GSJ plays will reduce to APO. Probably around 9-10%, huh? It would be nice to know how much was actually acquired and how much it cost us. It boggles my mind to think what will happen to HTP if Cal Canal hits as well. What a day! S&P

To: Ed Pakstas who wrote (3255)	7/5/1999 8:07:00 PM
From: dan jay	Read Replies (1) \| Respond to of 15703

I noticed today that about 3:45 kob traded about l00,000 shares. I don't know if that is a sign of what is to come shortly, but it seemed that whoever wanted the shares were willing to pay the price with only a few minutes left in the trading day. I can't image players in the US sitting around till tomorrow and having to pay an extra quarter more for the stock. Last year they took Kob from 30 to 2.65 in a week, now if they move from l.35 to where. Would seem that 2.65 will be an easy mark to break and then to what level. I always value some of the regulars on this thread. Please advise.